Could the big publishers be closed out or marginalized?

With digital reading now looking like the immediate future of the book industry are the big traditional publishers going to be able to stay on top? Digital distribution of books will cut the overhead costs of publishing and distributing books drastically. New publishers offering only digital prints will start popping up left and right, and there will inevitably be a new class of literary all stars who are strictly digital. Will this increase in competition and talent diminish the long standing reign the big publishers have had over the industry? Given, authors probably won't be able to make as much money, however with a lower overhead royalties will become significantly higher and that will appeal to a lot of high output, already-working-two-jobs writers, it is very conceivable that plenty of writers would jump ship to the new format. What are your thoughts? (Keep in mind that I'm not talking about tomorrow, but it will be much faster than people seem to be thinking. Remember how quickly the iPod became the standard for personal music?) Good answers. Reader, as usual I agree with you, excellent answer.

Asked By: "Vet" - 2/20/2009
Best Answer - Chosen by Asker
I think that there need to be major steps taken to move into the digital age (with the rest of the world), but I think it will take more than a few pushes to make them really fall... More
Answered By: bailey michelle<3 - 2/20/2009
Additional Answers (3)
I'm not convinced that the big publishers will be closed out, at least not most of them. I think it's quite likely that what will happen is that the digital market will continue to grow and many of its early problems will begin to be resolved. As that happens its reputation with both the traditional industry and with... More
Answered By: reader - 2/20/2009
I know more people who do NOT have an iPod than ones who do. It didn't become "the standard" overnight. Neither did the CD or walkman, or 8track. People eventually had to adjust to the new technologies as the affordability made it possible... More
Answered By: Bolt - 2/21/2009
Yeah -- it will be mainly digital, but I see it being done by authors themselves. Publishers and agents are a de facto screening device, and something's going to have to fill that gap. Perhaps some sort of review board, with room for appeals. Lower price, but more sales for that reason.
Answered By: beingagood1 - 2/21/2009
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